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: tonight's top story, delays at airports coast to coast. according to the faa, flights into new york, baltimore, and washington are delayed because of not enough controllers on hand to monitor the busy corridors. joining me now, president of boy group international and erik hanson, director of domestic policy for the u.s. travel association. welcome to you both. i will start with you, mike. what do you make of this? the fda is saying many of these delays are two hours or more. is is the fault of sequestration or is something else, not? >> it is the fault of politics. sequestration is 600 million out of the faa budget. 4 percent. they still have a billion dollars in their budget, more than they did in 2008 and 8% fewer flights. no one in aviation is buying this. this is a political stunt, and that is all. gerri: do you agree? >> i don't know if it is a political side, but it is certainly politics at its worst. for the travel industry, a key driver of the economy, we cannot afford to sit here and have congress pointing the finger at the administration, the administration putting the fi
the sequester for flight delay. it is just another example of shoddy management by the faa. lori: gas prices are tank. why good news may still be on the way. melissa: fed watchers in full speculation mode as bernanke has he will skip jackson hole. a first for a federal chairman in 25 years. what does it mean? now, to the floor of the new york stock exchange. nicole petallides. nicole: we will get to some of the home builders in a second. right now you have a mixed market. the dow jones pulling back a bit. that 2.2%. last week was a rough week for the dow jones industrials. there is the tech heavy nasdaq. there is a look right now at how we have done so far. obviously, you can see that we have had a nice run this year. i wanted to also take a look at some of the homebuilders. we got in some existing home sales. pound .6% month over month. that is not good news there. the home prices that you saw word. back to you. lori: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the econo
caused the faa to furlough worker. >> entirely utterly unnecessary. >> republicans argue the white house has the flexibility to avoid this and should cut waistful programs they say the president has an agenda. >> to try to convince the american people that there are no circumstances under which we can ever cut spending at all. >> democrats defend the faa saying it had no choice. >> congress enacted it in law. it was a cool act of 2011. the vast majority of republicans voted for them. >> the faa says it won't risk safety. air traffic controllers means fewer planes in the air. the faa tells me staffing reduction has delayed 1600 flights in the past two delays. >> delays will be bad for business and frustrating for families and devastating for the economy. >> with no other budget in place delays could continue for at least another 5 months. >> this is no way to run this government. >> and the faa warns the flight delays effecting the entire country will only get worse as the summer travel season approaches. in washington keyly campbell ktvu channel 2 news. >> got officials who wanted steam
is suing the faa to halt the budget cuts. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before by any budget sequestration or any shutdown of the faa or anything like that. >> and even the white house admits this was never supposed to happen. at reagan national airport, i'm hampton pierson for "nightly business report." >> flying may be more difficult these days but there's good news for drivers. prices at the pump are down $.11 a gallon over the last two weeks and could fall by another.20 as we get closer to memorand e err memorial day. >>> leading sectors were energy and technology, ahead of the after the bell earnings. the dow ended the day 19 points higher and the s&p 500 added 7. the price of gold rebounded today, surging nearly $26 to $1,421 announced. but last week as the price of gold was falling, investors pulled $2.7 billion out of gold exchanged traded funds. most of the money was invested in international stock. >> turning to market focus. texas instruments reported the prof
on the impact. >> the faa says 6700 flights every day may be delayed. because they're just not enough eyes to watch them. the faa says the skies are a little less crowded today and frustration among passengers is higher. a gate agent tells passengers we didn't know this would happen but two months ago ray lahood warned cuts could force the faa to furlough controllers. >> congress needs to fix this. fix a very dumb law. >> congress has not fixed it and now, the faa says every controller will be laid off one day twofr weeks and flights delayed or canceled. >> boarding a plane to get back to lax. just sat on the tarmac about an hour. >> larry's flight never did make it to los angeles and some flights from los angeles were hours late last night. >> we had flights operating as late as, as early as 2:00 a.m. >> that flight supposed arrive before 11:30. mike's flight delayed six hours. >> if i'm delayed six hours and can't work what is everybody else delayed? how much have you lost? >> the long delays were mostly at lax. san francisco international airport report nod delays due to air traffic con
news is here here with a look on the impact. >> the faa says 6700 flights every day may be delayed. because they're just not enough eyes to watch them. the faa says the skies are a little less crowded today and frustration among passengers is higher. a gate agent tells passengers we didn't know this would happen but two months ago ray lahood warned cuts could force the faa to furlough controllers. >> congress needs to fix this. fix a very dumb law. >> congress has not fixed it and now, the faa says every controller will be laid off one day twofr weeks and flights delayed or canceled. >> boarding a plane to get back to lax. just sat on the tarmac about an hour. >> larry's flight never did make it to los angeles and some flights from los angeles were hours late last night. >> we had flights operating as late as, as early as 2:00 a.m. >> that flight supposed arrive before 11:30. mike's flight delayed six hours. >> if i'm delayed six hours and can't work what is everybody else delayed? how much have you lost? >> the long delays were mostly at lax. san francisco international airport re
. that is because there are fewer air traffic controllers on the job. the faa called for two furlough days for every two-week period to cut more than $600 million from the budget. airlines filed a lawsuit on friday asking a federal court to stop the furlough of air traffic controllers. they say that these cuts in hours will result in travel delays of up to an hour. a travel industry analyst says what's happening is political gamesmanship. >> the faa was shut down a few years ago, flights weren't affected. it seems to me like there is a request or directive out there to take steps so that passengers will be inconvenienced and that they will call their elected officials to get them to take action. >> reporter: here's a live picture of mineta san jose international airport. i only found one 30-minute delay this morning and a couple of 10-minute delays in oakland and sfo is on time. even if sfo avoids furloughs, travelers here could still feel the pinch because of the domino effect from delays at connecting airports. at sfo, elissa harrington, kpix 5. >> airlines say up to 6700 flights per day could be
air traffic controllers on the job this morning. the faa called for two furlough days for every two-week period to cut more than $600 million from the budget. airlines filed a lawsuit on friday to stop the furlough of air traffic controllers saying the cuts will result in delays up to an hour at major airports and hubs throughout the country. travel industry analysts say what's happening is political gamesmanship. >> the faa was shut down a few years ago. flights weren't affected. it seems to me like there is a request or directive out there to take steps so passengers will be inconvenienced and they will call their elected officials to get them to take action. >> reporter: now let's see what's happeninat airports around the this is live picture of mineta san jose international airport. i found three delays there this morning. the longest, 30 minutes. only a couple of 10-minute delays in oakland. and a few delays here at sfo, as well. now, even if sfo avoids furloughs, passengers could still feel the pinch because of the domino effect from delays at connecting airports. and speaking
on a sequester cuts through airport delays. where the faa could have cut the that the president had let him. outrage tuesday rolls on after this. stuart: this is an understatement, netflix shares are up this morning. way up. more people signed up to pay for netflix after three months of "house of cards." people loved it. many people subscribe to netflix now, almost as much as hulu, hbo. iphone sales expected to be down. apple down this year, up only $1 now, below 400. look at coach. i always considered it a demographic luxury. sales are up better than expected, coach is assuming 11%. $5 stocks hitting all-time high. all of them are up. up 125. outrage tuesday rolls on in a moment. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daught
in the light air waiting for faa approval. how long? and we will see how the currency holds up against the dollar across the board gains against the greenback. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> your fox news minutes and president of bombing and the first lady attending the memorial service for this week's bomb attack. former massachusetts governor and presidential nominee mitt romney is among those attending. the president is expected to give remarks following the service. the search for survivors continues after the massive fertilizer plant explosion in west, a texas. between 15 people and dead when m
travelers at some of the nation's busiest airports. yesterday alone the faa said there were more than 400 flight delays nationwide. 47,000 faa workers must take furlough days, including 15,000 air traffic controllers, losing one day of work every other week. that's a 10% reduction in staffing. >> when 70% of your budget of your operating budget is personnel, you cannot avoid when the cuts are as deep as they are in the sequester, the kinds of actions that are taken. >> today the transportation department says it's considering a request from the airline industry to temporarily suspend the delay rule in light of these furloughs. that rule prohibits airlines from keeping passengers on the tarmac for more than three hours. here in the bay area, an average of three air traffic controllers are scheduled to be furloughed in san francisco, oakland and san jose. officials say so far they haven't seen significant delays due to the furloughs here. however, the faa tells us los angeles international experienced delays of more than three hours for some arriving flights last night and that ended up cau
destination. more now from mark matthews. >> faa says the skies are a little less crowded today and frustration among passengers a little higher. >> getting angry. irritated. we don't want you to be here. >> gate agent tells passengers we didn't know this would happen but actually two months ago the transportation secretary hood warned budget cuts could force the faa to furlough tenth of the controllers. >> congress needs to fix this. congress needs to fix a very dumb law. >> congress hasn't fixed it and new the faa says every air traffic controller layed off one day every two weeks. and flights will be delayedw3 or cancelled. >> plane back to lax. sat on the tarmac for about an hour. >> larry point dexter flight in san antonio didn't make it to los angeles last night. diverted to fresno. some flights from los angeles to here in san jose were hours late last night. >> we had flights operating as late as as early as 2:00 a.m. >> that was a flight was to arrive before 11:30. los angeles international had 3 fewer controllers today. mike kennedy flight delayed sex hours. >> bo
here all morning on a train traffic. >> the faa is really concerned about overloading air-traffic controllers with so few of them on the job because of the furloughs. >> major strike at a time as of today could impact travel in and around europe. the german airline started canceling flights on saturday announcing that only 32 of nearly 1700 flights will take off from german airports today with domestic and european flights particularly hard hit. thousands of airline staffers want a pay increase of more than 5%. loud sounds that has offered just 1.2%. >> a live look this morning from our roof camera. a beautiful sunrise. a beautiful morning in a hot afternoon expected later on today. another check on your [ male announcer ] fact: the 100% electric nissan leaf... is more fun than ever. sees better than ever. ♪ charges faster. and will charge. cool. and heat. from your phone. fact: leaf never needs gas. ever. good for the world. built in america. now, leaf's an easier choice than ever. ♪ shop at choosenissan.com. ♪ i'm just red carpets and big spectacles. but that's onl
air traffic controllers must take one day off a week. the faa said planes will have to take off and land more frequently. that would translate to potential longer lines at the airport. joining me is the spokesperson for sfo. can you give me an idea of how many travelers will be out on every given day or? >> what i can tell you, it's about a 10% of reduction. if i'm an air traffic controller, one of my days out of ten is reduced as the furlough. >> reporter: do you have any idea if this will impact the lines? >> i think where we might see some effect is more from the faa perspective. i don't know if it will affect the lines at the airport. but in terms of flight delays, if there's another airport that has congestion issues or staffing issues, even if we're fined locally, we may experience delays to and from the location. it's very much a nationwide issue. >> reporter: it's a juggling act for you. i think one of the things we can expect, there is a procedure we use and that requires an extra controller. not an issue today but if we have bad weather conditions, we might not be able
prize money to go back to college. >>> an order from the faa, the problem that has prompted inspections of some of the busiest aircraft models in the air. >> our chief meteorologist bill martin tracking a change of the weather. he's back with the complete bay area forecast. >> up first developing news, the ktvu camera has just arrived at the scene of this house fire. what we learned from firefighters about a woman pulled from inside. we are all reflections of the people who came before us. at new york life, everything we do is to help you keep good going. ♪ [ engine revs ] [ female announcer ] small... [ engine revs ] wicked... ♪ and now... ♪ topless. ♪ the fiat 500 abarth cabrio. ♪ >>> we have developing news from san jose at this hour an elderly woman has died in a three alarm house fire tonight and another person is missing. these are live pictures here from the home on south daniel way located near highway 17 and interstate 280. authorities say firefighters pulled the woman out of the house but unfortunately were not able to save her. another person may still be inside. t
. that is good news for anyone flying out at any point today. you talked about these sequestered cuts, the faa says a big lead the air traffic controllers. furlough days are being issued. we actually did see some delays because of those air traffic control furloughs. places like laguardia in new york and l.a. acts. lax at delays at somewhere between one hour and three hours. it did not really have a lot of affect here as at all but anytime you have delays around the country, it has an accordion of fact. that is what they're afraid of. they're thinking today maybe a day will restart the see some delays are around the country. you can see here in the board at sfo, everything was on time. we did not have a delays but that cannot easily change as a day goes on. we're telling people if you're coming to the airport and flying any time in the near future, make sure you call ahead and check the status of your flight. make sure your weather could be delays. a spokesperson is coming out and we are trying to get the interview with him. if we have any issues, we'll pass them along as they come in. >> with
immigrations and forced them without being certified by the faa. 167 out of 434th flight training schools, 38% today do not have the required faa certification. unawared ice is often when they revoke certification for flight training providers. they are working with the faa to address this issue. provideurances can you about efforts to improve its communications with the faa? >> we are very far along. a newalso moving from system governing institutions that educates student visa holders. this will help solve the problem. that. get to the silent screen process. under the present system, applicants for asylum must undergo a credible interviewed to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. streamlines the process partly by allowing a screening officer to grants asylum immediately following the interview. if this were to become law, how department in sure they're adequately screen for national security threats? permit togulations confer w
. the ntsb wants to know out prob -- how problems with the batteries went unnoticed by the faa and boeing inspectors during test flights. the problem grounded the jets three months ago. the faa approved a redesigned battery system and this week boeing is install the batteries and dreamliners that happen in operation around the world. small knives are still banned on planes. the tsa reversed its decision to start allowing small knives on board passenger planes. that would have happened this thursday. tsa is now saying it needs more time to reveal all of the public feedback on the decision. unions for flight attendants and pilots loudly protested against the change. many passengers say they really never liked the idea of allowing planes on -- knives on planes. >>> 8:19. some bay area schools are seeing a rise in bomb threats. now, just yesterday, a student at san francisco state found a suspicious package in a music and theater building. inside the package, a note saying a bomb was about to go off. now, police investigated the building, their search proved that threat was a hoax. >> it made
visitor programs certification from immigrations and forced them without being certified by the faa. according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a new system governing institutions that educates student visa holders. this will help solve the problem. i will get to that. the silent screen process. under the present system, applicants for asylum must undergo a credible fear interview to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. this bill streamlines the process partly by allowing a screeni
Search Results 0 to 23 of about 24 (some duplicates have been removed)